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This sale tripled the previous record, and introduced a new era in top art sales. Before this, the highest absolute price paid for a painting was £8.1 million (£22.9 million in 2023 currency) paid by the J. Paul Getty Museum for Andrea Mantegna's Adoration of the Magi at Christie's in London on 18 April 1985. [5]
An art fair. Art valuation activity concerns itself with estimating market demand, estimating liquidity capability of lots, works, and artists, the condition and provenance of works, and with valuation trends such as average sale price and mean estimates. [13]
The highest known price paid for an artwork by a living artist was for Jasper Johns's 1958 painting Flag. Its 2010 private sale price was estimated to be about US$110 million ($154 million in 2023 dollars). All-time This is a list of highest prices ever paid—at auction or private sale—for an artwork by an artist living at time of sale. Adjusted price (in millions of USD) Original price (in ...
Artprice (Euronext: PRC) is a French online art price Database. It houses millions of art auction records from over 800,000 artists from sales since the 1980's. The database was created by its now CEO Thierry Ehrmann in 1987.
The ranking is controversially discussed in the art world: for example, the business magazine Capital publishes the top 100 artists once a year, based on data from Artfacts. Critically, it is seen that the depiction usually gives more weight to contemporaries and younger artists than to classics like Renoir or Rembrandt.
Fort Worth, Kimbell Art Museum: 94.2 × 131.2 cm Oil on canvas: c. 1595: Musicians: New York City, Metropolitan Museum of Art: 87.9 × 115.9 cm Oil on canvas: c. 1595: Saint Francis of Assisi in Ecstasy: Hartford, Connecticut, Wadsworth Atheneum: 93.9 × 129.5 cm Oil on canvas: c. 1596: Boy Bitten by a Lizard: London, National Gallery: 66 × 49 ...
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Three kinds of economic agents determine these values. Specific experts like gallery owners or museum directors use the first, social value. Experts like art historians and art professors use the second, artistic value. Buyers who buy works of art as an investment use the third, the price history and expectations for future price increases.